Business For Sale · Specialty

4810 50 Avenue, Valleyview

4810 50 Avenue, Valleyview, AB T0H3N0

$995,000 total

5,838 SF

Asset Class

Specialty

Size

5,838 SF

Building class

C

Zoning

DC2 — Site Specific

$ / SF

$170

Occupancy

87%

Year Built

2005

Lot Size

0.7594123048668503 ac

About this property

A grand income property with unlimited potential and pure Olde Country charm! Discover a rare, multi-stream revenue generator designed for the visionary entrepreneur. The main building was built in 2005 but has a timeless Bavarian identity. This unique commercial property perfectly blends stable residential income with a commercial business opportunity which has been assembled and is truly ready to go. With its exceptional location along 50th Avenue, it has long been a feature property within the heart of the downtown area within the Town of Valleyview. The property additionally features so many benefits including a 912 sq.ft. detached residence which means you can live where you work or you can continue to use it as another source of income. The potential for revenue generation doesn’t end with the buildings. A mini-golf course was developed on one of the three lots, and the other lot is vacant and could be used for business expansion, redevelopment or resale. This property offers multiple income streams, including rental income available from day one. You could then expand and bring back to life the iconic Bavarian themed restaurant, or you could completely reinvent the property to match your creative vision. Whatever you decide bring your imagination and create a new future for this completely unique and landmark property today! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$995K
Down payment30% · $299K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$54K

Annual cash flow

$-2K

Cash-on-cash

-0.52%

DSCR

0.97

Going-in cap

5.38%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Meridian Health Group2,614 SF2032-04
Meridian Health Group1,266 SF2032-04
Meridian Health Group616 SF2032-04
Meridian Health Group589 SF2032-04

Area demographics

Trade area within 3 miles of the property.

Population

51,775

Households

18,532

Median income

$119,500

Median age

36

Daytime population

67,948

5-yr growth

3.6%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 4810 50 Avenue, Valleyview.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.